ConnectOne Bancorp and First of Long Island receive FDIC approval for merger, expected close June 1, 2025

ConnectOne Bancorp, Inc.

FDIC approved the merger of ConnectOne Bancorp (CNOB) and First of Long Island (FLIC); closing expected on or about June 1, 2025.
Combined company to have approximately $14B in assets, $11B in deposits, and $11B in loans.
Merger will create one of top 5 community banks on Long Island by deposit market share.
Pending approvals or waivers from NJ Dept. of Banking and Insurance and the Federal Reserve Bank of New York.
Both CEOs expressed positive outlook; combined company to operate under ConnectOne brand.

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